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IRS auditing fewer businesses, more individuals
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Contributor | Servo |
Last Edited | Servo Apr 12, 2004 11:32pm |
Category | News |
News Date | Apr 12, 2004 12:00am |
Description | The Internal Revenue Service audited fewer corporations, small businesses and partnerships last year but more individual taxpayers, according to a study of government data.
Syracuse University's Transactional Records Access Clearinghouse, in its analysis of IRS data, concluded that the audit rate for businesses of all sizes slipped last year to 2.1 audits for every 1,000 businesses, down from 2.2 audits per 1,000 businesses the previous year.
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